The global Montelukast Sodium market was valued at 18.81 Million USD in 2021 and will grow with a CAGR of 10.56% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Montelukast sodium is a hygroscopic, optically active, and white to off-white powder. Montelukast sodium is freely soluble in ethanol, methanol, and water and practically insoluble in acetonitrile. It is administered orally for prophylaxis and chronic treatment of asthma, exercise-induced bronchoconstriction, and allergic rhinitis.The major raw material for montelukast sodium is 7-chloroquinaldine, isophthalaldehyde, etc. On the global market, supply of raw materials is relatively full. Fluctuations in the price of the upstream product will impact on the production cost of montelukast sodium industry. We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a rapid growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

By Market Verdors:

Morepen Laboratories

Mylan

TAPI

MSN Laboratories

Ultratech India

Aurobindo Pharma

Hetero Labs

Unimark Remedies

Jubilant Cadista

Aamorb Pharmaceuticals

Sudarshan Groups

Ortin Laboratories

Vamsi Labs

Adley Group

Medopharm

Hengyuan Pharmaceutical

Arromax Pharmaceutical Technology

Lihe Wuhan New Chemical Materials

Shanghai Huachu Chemical

By Types:

Montelukast Sodium Amorphous

Montelukast Sodium Crystalline

By Applications:

Tablets

Chewable Tablet

Oral Solution

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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